BTC, ADA, DOGE and SHIB Price Analysis for October 14
Bulls have continued yesterday's price rise, and all coins from the top 10 list remain in the green zone.
Yesterday morning, sellers pushed the Bitcoin (BTC) price below the $55,288 level, to the four-hour EMA55 area. During the day, the bulls, with great difficulty, brought the pair back to the 78.6% Fibonacci level. In the afternoon, they won back the lost positions from the bears on the approach with the resistance of $58,000.
Tonight, low-volume buyers decided to attack the impregnable line at $58,000. In the morning, the price pierced the blue resistance and marked a new October high at $58,550. Small volumes do not allow the growth to continue, and sellers easily rolled back the price below the resistance level. Now, there is a positional struggle on this …
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